Precision Service Group Inc — Form 5500 plan (Precision Service Group Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Precision Service Group Inc is a benefit plan reported by Precision Service Group Inc under EIN 81-1223435 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants184Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$6.6K1 Schedule C provider row(s)$6,557
Plan sponsor
Precision Service Group Inc
EIN
81-1223435
Plan number
001
Plan type
2
Location
Ferndale, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023184H, C20241011102443NAL0021666801001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Money in vs. money out
Total income / additions$5.6K
Total expenses$25.5K
Benefits paid / distributions$18.9K
Contributions
EmployerNot reported
Participant$3.2K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$19,854

Income & contributions

Participant contributions
$3,223
Total contributions
$3,223
Total income / additions
$5,638

Expenses & distributions

Benefits paid
$18,934
Administrative expenses
$6,558
Total expenses
$25,492
Net increase / (decrease)
-$19,854
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Benefits paid ÷ total income336%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$6,557$02023

Related Form 5500 pages